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Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $23.36 to a high of $24.00. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $23.37 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is monitoring the recent change of momentum in Mosaic Co/The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mosaic Co/The in search of a potential trend change.

In the past 52 weeks, Mosaic Co/The share prices have been bracketed by a low of $20.81 and a high of $37.37 and are now at $23.82, 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.5%.

Write to SmarTrend at cs@mysmartrend.com

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